Podcast
Questions and Answers
What is Administrative Management?
What is Administrative Management?
What does Hierarchy refer to?
What does Hierarchy refer to?
System in which people, items, or issues are ranked in order of importance.
Define Division of Labor.
Define Division of Labor.
Specialization of individuals who perform specific tasks; also called job-specialization.
What is Management Theory?
What is Management Theory?
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What characterizes Scientific Management?
What characterizes Scientific Management?
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What does Behavioral Management focus on?
What does Behavioral Management focus on?
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What is Bureaucratic Theory?
What is Bureaucratic Theory?
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Define Classical Management.
Define Classical Management.
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What was the Industrial Revolution?
What was the Industrial Revolution?
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What does Quantitative Approach in management theory involve?
What does Quantitative Approach in management theory involve?
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What is Total Quality Management (TQM)?
What is Total Quality Management (TQM)?
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What does the Contingency Approach suggest?
What does the Contingency Approach suggest?
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What is Evidence-based Management?
What is Evidence-based Management?
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Study Notes
Administrative Management
- Focuses on the organization as a whole.
- Identifies effective ways to organize and manage a business.
Hierarchy
- Ranks people, items, or issues by importance.
- Allows for structured decision-making and clear command levels.
Division of Labor
- Specialization of individuals performing specific tasks.
- Also known as job-specialization; enhances efficiency and productivity.
Management Theory
- Collection of ideas used as guidelines for managing organizations.
- Provides frameworks for decision-making and leadership styles.
Scientific Management
- Uses scientific methods to study worker productivity and workflow.
- Aims to optimize efficiency through systematic approaches.
Behavioral Management
- Focuses on improving the organization through understanding employee motivation.
- Also referred to as human relations management; emphasizes the human factor in productivity.
Bureaucratic Theory
- Based on clearly defined procedures and an established order of command.
- Ensures consistency and compliance within the organization.
Classical Management
- Aims to increase worker productivity by organizing work effectively.
- Also known as classical perspective or classical approach to management.
Industrial Revolution
- Period marked by the replacement of human and animal power with machines.
- Transformed industries and contributed to modern management practices.
Quantitative Approach
- Utilizes measurable techniques to enhance decision-making in organizations.
- Promotes data-driven analysis for improvement strategies.
Total Quality Management (TQM)
- Philosophical approach linking organizational success to customer satisfaction.
- Encourages continuous improvement and a customer-centric mindset.
Contingency Approach
- Suggests the management style should depend on the specific situation.
- Emphasizes flexibility and adaptability in leadership.
Evidence-based Management
- An emerging theory that combines critical thinking with the best available evidence for decision-making.
- Encourages informed decision processes grounded in data and research.
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Description
Explore key concepts in Chapter 2 of Business Management through these informative flashcards. Enhance your understanding of administrative management, hierarchy, and division of labor to better grasp the organizational structure of businesses.
